Australian Shares Sparty's Blog
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Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy.
Main Forum•Another way to play Energy -target the electron economy
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I wonder if the way to play energy is to concentrate on or at least understand the “choke” points for the emerging low carbon economy and its cohort the Electron Economy.
Here in Australia we are blessed with around 40% of the world’s economically mineable uranium and more gas be it CSM/LNG etc than we could ever use. We also have the world’s hottest and shallowest Hot Rocks and that makes us one of the very few countries that will have virtually unlimited power to produce electricity plus liquid fuel security*.
*(As a lot of attention is currently being directed towards UCG-GTL that will utilise our vast coal deposits by turning them into a range of highly purified fuels including Diesel, Kerosene etc and the liquid fuel independence that will bring to Australia.)
But if we are to shift towards the other half of the equation where we utilize the electrons produced from the above mentioned energy sources then Australia’s 45% of the World’s Rare Earth Elements and its virtual strangle hold on the heavy Rare Earths, plus our very large Lithium rock deposits, gigantic Cobalt, Vanadium and other so called minor metals puts the investment in Australian Energy into a different light.
We have explored these subjects in some depth and in particular have sign-posted the investment opportunities available with a series of dedicated websites including:
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Knowing the electron's value is one thing but making sure it is used properly is more important. Australia should benificate the uranium and then ensure it is made into energy and not weapons. If we do this then Australia must have a repository for spent rods. Australia is uniquely qualified as a radioactive spent fuel dump.
Sparty, do you advocate a uranium spent fuel dump in Australia?
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Absolutely. I have been agitating for a cradle to grave uranium industry solution for over 20 years.
I think the snips below will show you that I have firmly nailed my colors to the mast on this issues.....
I wrote this two years ago: "
My vision for Australia includes our geothermal resources being used to provide the bulk of Australia's electricity requirements, our Rare Earths and Lithium to "translate" the electron flows and our super-abundant coal resources to be used for the production of liquid fuels for export. I also believe that Australia should establish a "cradle to grave" uranium export industry.
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And on Australian Uranium issues
"However as Australia has around 40% of the world's easily mined uranium there is a valid call for a debate that takes into consideration the position of other less energy rich countries who are at present clamoring for Australian uranium. And if Australia markedly expands its' uranium exports can we then not take part in a 'cradle to grave' industry that includes waste storage and reprocessing of spent nuclear fuel?"
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